Land site at Sengkang up for sale

The Housing & Development Board (HDB) is launching a condominium housing site at Sengkang for sale through a public tender. The land parcel is located at Sengkang West Avenue and Fernvale Link.

HDB announced in December last year that the land site, which was made available for sale through a reserve list in June, has a minimum bid of $70 million.

Interested property developers have to submit a minimum bid price of $70 million, no later than February 4.

The land site, located along Sungei Punggol, will offer waterfront condominium units in the heartland.

The 99-year lease, 16,998.8-square-metre land parcel has a maximum allowable gross floor area (GFA) of 50,996.4 square metres.